News Flash | Sea and Job

India: Coal stocks at power plants fall below 10-day cover, at half the prescribed norm

Coal stocks at India’s domestic-coal-based power plants stood at 28.36 million tonnes (MT) as of August 24, enough for just 9.7 days of coal consumption against an aggregate normative requirement of 19.4 days, according to Central Electricity Authority (CEA) data...

Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts

Crude oil prices are likely to remain elevated in the near term as disruptions to flows through the Strait of Hormuz have triggered a sharp drawdown in global inventories, even as the outlook beyond the current quarter remains dependent on the pace of supply...

Black Sea gridlock, a building ENl iño and the US-China soybean gamble

Key takeaways • Ukrainian and Russian seaports handle 30% of global wheat exports, and deep-sea loadings at Odesa, Chornomorsk and Pivdennyi remain frozen after targeted strikes and elevated war risk. • Russia’s Taman terminal was attacked on 30 July, and Kavkaz has...

Houthi threats force Saudi to reroute oil, extend Asia transit and costs

Saudi Arabia, the world’s largest oil exporter, is readjusting its crude shipping routes. As Yemen’s Houthi rebels have recently threatened even the Red Sea lanes, it is increasing detours that use an Egyptian pipeline while also turning again to the Persian Gulf’s...

MSC partially resumes Suez Canal transits

Swiss shipping major MSC has begun partially restoring Suez Canal transits on a limited number of East–West routes, following a review of security and operational conditions in the Red Sea region. The revised plan covers the Asia–Mediterranean, Asia–North Europe and...

Iran warns of military ship ban in Hormuz under potential deal with Oman, and other Middle East news

Iran won’t allow military vessels to transit through the Strait of Hormuz under an agreement that the Islamic Republic is negotiating with Oman, Iran’s deputy foreign minister said. The top diplomats of the two countries met to discuss managing commercial shipping...

India: Coal stocks at power plants fall below 10-day cover, at half the prescribed norm

Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts

Black Sea gridlock, a building ENl iño and the US-China soybean gamble

Houthi threats force Saudi to reroute oil, extend Asia transit and costs

MSC partially resumes Suez Canal transits

Iran warns of military ship ban in Hormuz under potential deal with Oman, and other Middle East news

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